Bloomberg Technology
What the Chip Crisis Means for the Auto Industry
Aug.20 — The global shortage of semiconductors will cut worldwide auto production by as many as 7.1 million vehicles this year, and pandemic-related supply disruptions will hobble the industry well into next year, IHS Markit said. Bloomberg’s Keith Naughton has more on “Bloomberg Markets: The Close.”
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Kaycee Demma
August 20, 2021 at 8:55 pm
2mpqt
vyn.fyi
Slickpete83
August 20, 2021 at 9:12 pm
*there is no chip shortage , lot’s of chips in the factory Cafeteria with flavours like Lay’s Classic….Lay’s Lightly Salted.Tostitos Hint of Lime.Sun Chips Harvest Tomato Hickory Sticks. …Tostitos Restaurant Style. …Fritos Original.Lay’s Dill Pickle., even the dealerships have a snack room full of chips* hahahaha
Samuel Manny
August 20, 2021 at 9:54 pm
Ha…….Ha.
Layla Rizo
August 20, 2021 at 9:31 pm
vot.fyi
super
Leonor Rivera
August 20, 2021 at 10:57 pm
domino effect – job losses
couchpoet1
August 20, 2021 at 11:19 pm
Rational logic has nothing to do with the economy.
Luís Albuquerque
August 21, 2021 at 9:37 am
Chip shortage is a lie now, there are chips.
But since the auto industry saw graphics cards and so on prices jump more than 300%
Now they will cut production, labor and pump the prices like crazy
Milking the cow
Juan-Pablo Veizaga
August 21, 2021 at 7:26 pm
Stick to TESLA